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UNG vs. FCG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between UNG and FCG is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.1

Performance

UNG vs. FCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in United States Natural Gas Fund LP (UNG) and First Trust Natural Gas ETF (FCG). The values are adjusted to include any dividend payments, if applicable.

-100.00%-90.00%-80.00%-70.00%-60.00%NovemberDecember2025FebruaryMarchApril
-99.77%
-70.50%
UNG
FCG

Key characteristics

Sharpe Ratio

UNG:

0.05

FCG:

-0.63

Sortino Ratio

UNG:

0.53

FCG:

-0.70

Omega Ratio

UNG:

1.06

FCG:

0.90

Calmar Ratio

UNG:

0.03

FCG:

-0.24

Martin Ratio

UNG:

0.12

FCG:

-1.79

Ulcer Index

UNG:

25.91%

FCG:

11.06%

Daily Std Dev

UNG:

61.73%

FCG:

31.29%

Max Drawdown

UNG:

-99.85%

FCG:

-97.20%

Current Drawdown

UNG:

-99.81%

FCG:

-81.98%

Returns By Period

In the year-to-date period, UNG achieves a -7.79% return, which is significantly higher than FCG's -12.67% return. Over the past 10 years, UNG has underperformed FCG with an annualized return of -22.54%, while FCG has yielded a comparatively higher -7.09% annualized return.


UNG

YTD

-7.79%

1M

-23.76%

6M

8.24%

1Y

7.94%

5Y*

-21.54%

10Y*

-22.54%

FCG

YTD

-12.67%

1M

-14.57%

6M

-10.61%

1Y

-20.68%

5Y*

30.19%

10Y*

-7.09%

*Annualized

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UNG vs. FCG - Expense Ratio Comparison

UNG has a 1.28% expense ratio, which is higher than FCG's 0.60% expense ratio.


Expense ratio chart for UNG: current value is 1.28%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
UNG: 1.28%
Expense ratio chart for FCG: current value is 0.60%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FCG: 0.60%

Risk-Adjusted Performance

UNG vs. FCG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UNG
The Risk-Adjusted Performance Rank of UNG is 3232
Overall Rank
The Sharpe Ratio Rank of UNG is 2727
Sharpe Ratio Rank
The Sortino Ratio Rank of UNG is 4444
Sortino Ratio Rank
The Omega Ratio Rank of UNG is 3838
Omega Ratio Rank
The Calmar Ratio Rank of UNG is 2626
Calmar Ratio Rank
The Martin Ratio Rank of UNG is 2626
Martin Ratio Rank

FCG
The Risk-Adjusted Performance Rank of FCG is 44
Overall Rank
The Sharpe Ratio Rank of FCG is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of FCG is 44
Sortino Ratio Rank
The Omega Ratio Rank of FCG is 33
Omega Ratio Rank
The Calmar Ratio Rank of FCG is 99
Calmar Ratio Rank
The Martin Ratio Rank of FCG is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

UNG vs. FCG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for United States Natural Gas Fund LP (UNG) and First Trust Natural Gas ETF (FCG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for UNG, currently valued at 0.05, compared to the broader market-1.000.001.002.003.004.00
UNG: 0.05
FCG: -0.63
The chart of Sortino ratio for UNG, currently valued at 0.53, compared to the broader market-2.000.002.004.006.008.00
UNG: 0.53
FCG: -0.70
The chart of Omega ratio for UNG, currently valued at 1.06, compared to the broader market0.501.001.502.00
UNG: 1.06
FCG: 0.90
The chart of Calmar ratio for UNG, currently valued at 0.03, compared to the broader market0.002.004.006.008.0010.0012.00
UNG: 0.03
FCG: -0.24
The chart of Martin ratio for UNG, currently valued at 0.12, compared to the broader market0.0020.0040.0060.00
UNG: 0.12
FCG: -1.79

The current UNG Sharpe Ratio is 0.05, which is higher than the FCG Sharpe Ratio of -0.63. The chart below compares the historical Sharpe Ratios of UNG and FCG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00NovemberDecember2025FebruaryMarchApril
0.05
-0.63
UNG
FCG

Dividends

UNG vs. FCG - Dividend Comparison

UNG has not paid dividends to shareholders, while FCG's dividend yield for the trailing twelve months is around 3.75%.


TTM20242023202220212020201920182017201620152014
UNG
United States Natural Gas Fund LP
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FCG
First Trust Natural Gas ETF
3.75%2.76%3.25%3.04%1.73%3.83%2.88%1.46%1.56%1.69%4.82%1.34%

Drawdowns

UNG vs. FCG - Drawdown Comparison

The maximum UNG drawdown since its inception was -99.85%, roughly equal to the maximum FCG drawdown of -97.20%. Use the drawdown chart below to compare losses from any high point for UNG and FCG. For additional features, visit the drawdowns tool.


-100.00%-95.00%-90.00%-85.00%-80.00%NovemberDecember2025FebruaryMarchApril
-99.81%
-81.98%
UNG
FCG

Volatility

UNG vs. FCG - Volatility Comparison

The current volatility for United States Natural Gas Fund LP (UNG) is 17.29%, while First Trust Natural Gas ETF (FCG) has a volatility of 21.80%. This indicates that UNG experiences smaller price fluctuations and is considered to be less risky than FCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
17.29%
21.80%
UNG
FCG